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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

2

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

3

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

1

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

2

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

3

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
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16 Nobel laureates just warned AI could displace workers. Bernie thinks a sovereign wealth fund may be the answer
16 Nobel laureates just warned AI could displace workers. Bernie thinks a sovereign wealth fund may be the answer

Seventy percent of Americans back forcing AI firms to share stock with a sovereign fund, but the $27 billion White House equity strategy has no rule on it.

By Patrick J. Schena and The ConversationJuly 31, 2026
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Kevin Warsh’s first big press conference shines a spotlight on confusion over how the Fed actually measures inflation
By Brandy Hadley, D. Brian Blank and The ConversationJuly 31, 2026
Young Gen Z content creator films videos
More than half of Gen Zers want to become influencers—so now Arizona State University is offering a content creation degree for $142K
By Emma BurleighJuly 31, 2026
Fortune 500 Power Moves: Which executives gained and lost power, July 18–31, 2026
Fortune 500 Power Moves: Which executives gained and lost power, July 18–31, 2026
By Fortune EditorsJuly 31, 2026
Jensen Huang speaks into a microphone
Jensen Huang says this is the greatest time in history to start a business—and his advice is to stop overthinking it: ‘How hard can it be?’
By Preston ForeJuly 31, 2026
Nordic Wave Cold Plunge Review (2026): Is This Premium Plunge Worth It?
Nordic Wave Cold Plunge Review (2026): Is This Premium Plunge Worth It?
By Christina SnyderJuly 31, 2026
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National Guard major rented hotel rooms on the government’s dime just to hide a second wife, prosecutors say

Maj. Collin Welch forged divorce papers, immigration letters and Social Security cards to hide a Mongolian wife from his real family.

By Jonathan J. Cooper and The Associated PressJuly 31, 2026
Scouting America cuts LGBTQ+ spaces at jamboree under Pentagon pressure

Defense Secretary Pete Hegseth threatened to end military ties unless Scouting America dropped diversity initiatives by late August.

By Jamie Stengle and The Associated PressJuly 31, 2026
‘Indiana Jones-esque’: someone tried to smuggle Civil War-era cannonballs through TSA in Alabama

The TSA officer was stunned: “I’ve seen inert grenades and training munitions but never an Indiana Jones-esque stolen artifact-type situation.”

By The Associated PressJuly 31, 2026
Most Jewish Americans under 45 get the ick from Israel, polling shows

Only 4 in 10 religious Jewish adults under 45 call supporting Israel central to their identity, down sharply from older generations.

By Giovanna Dell'Orto and The Associated PressJuly 31, 2026
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North America
More in North America
Chair of the Federal Reserve Kevin Warsh speaks during a news conference at the William McChesney Martin Jr. Federal Reserve Board Building in Washington, DC, on July 29, 2026.
The Fed did exactly what Wall Street was expecting—so why are markets so vexed by Kevin Warsh?

“You’re dealing with the Fed that the market is still trying to understand,” JP Morgan’s Alex Wolf tells Fortune.

By Eleanor PringleJuly 31, 2026
Iran-style hackers shut down a Minnesota town’s water plant. Only the water tower saved it

Over 30 Minnesota systems were hit this week, and investigators say it “walks like a duck” that looks a lot like Iran.

By Jamie Stengle, Eric Tucker and The Associated PressJuly 31, 2026
Trump’s gift for 25 million seniors right before midterms: Medicare drug cost hikes

CMS is ending a subsidy that cut Part D premiums by $16 a month, with new rates landing in October, just before Election Day.

By Ali Swenson and The Associated PressJuly 31, 2026
‘Jesus was a socialist’: some Democrats bid to make their populist movement a religious left moment

Across pulpits and picket lines, Democrats are recasting economic populism as a matter of faith, not just policy.

By Krysta Fauria and The Associated PressJuly 31, 2026
More in North America
Asia
More in Asia
danube
The Dry Danube: Europe’s legendary river got so low that a cruise ship ran out of food and water

Record drought exposed World War II bombs, old shipwrecks and forced nuclear reactors to power down across Central Europe.

By Justin Spike and The Associated PressJuly 31, 2026
Asia drives 60% of global growth, but the region’s CEOs can’t escape geopolitics. Here’s how they can stay competitive

BCG’s Yasushi Sasaki outlines why resilience, regional capital, and multi-market strategies are key to navigating geopolitical risk.

By Yasushi SasakiJuly 30, 2026
Samsung posts record $62 billion profit — and investors sell off anyway

Samsung’s second-quarter operating profit was a more than 19-fold increase from a year earlier, but investors didn’t care.

By Kim Tong-Hyung and The Associated PressJuly 30, 2026
Southeast Asia is ‘hungry for innovation’ and eager to leapfrog, says SAP’s new APAC president Verena Siow

Southeast Asia, home to young, digitally-savvy populations and a rising middle class, offers fertile ground for leapfrogging.

By Angelica AngJuly 29, 2026
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Global
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Best Teeth Whitening Kits (2026): Whiten Your Smile at Home
Best Teeth Whitening Kits (2026): Whiten Your Smile at Home

We evaluated today’s top teeth whitening kits for effectiveness, ingredients, value, and sensitivity to help you find the right option for a brighter smile.

By Christina SnyderJuly 31, 2026
Apple shows that AI winners don’t have to build the biggest models

A Fortune analysis looks at Apple’s strategy of skipping the AI infrastructure arms race.

By Sheryl EstradaJuly 31, 2026
Anthropic says its Claude models escaped a testing environment and hacked three real companies

Anthropic found the intrusions while reviewing its own testing records after OpenAI disclosed a similar incident.

By Beatrice NolanJuly 31, 2026
Climate change made Spain’s wildfires 20 times more likely, study finds

Decades of progress in fire suppression across Southern Europe are being overwhelmed by climate-driven fire weather, scientists say.

By Seth Borenstein and The Associated PressJuly 31, 2026
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What every founder can learn from Reformation’s $211 million IPO
Newsletters
What every founder can learn from Reformation’s $211 million IPO
By Emma HinchliffeJuly 31, 2026
Current price of gold as of July 31, 2026
Personal Finance
Current price of gold as of July 31, 2026
By Danny BakstJuly 31, 2026
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AI
Brussels responds to explosion of AI risks with a new team of 38 bureaucrats
By Sam McNeil and The Associated PressJuly 31, 2026
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Banking
Democrats squirm as ‘defund the police’ stances from 2020 come back to haunt them
By Matt Brown, Anthony Izaguirre, Scott Bauer and The Associated PressJuly 31, 2026
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Innovation
A robotaxi with no steering wheel just got the green light to charge you for a ride
By Josh Funk, Ty O'Neil and The Associated PressJuly 31, 2026
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Energy
Chevron’s profit nearly quadrupled. Drivers are paying for it at $4 a gallon
By Cathy Bussewitz and The Associated PressJuly 31, 2026
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North America
Seattle’s new mayor fires police chief, admits they failed to alert city about shooting for 5 hours
By Gene Johnson, Martha Bellisle and The Associated PressJuly 31, 2026
Tim Cook’s last quarter as Apple CEO: record iPhone sales, stock still falls
Big Tech
Tim Cook’s last quarter as Apple CEO: record iPhone sales, stock still falls
By Barbara Ortutay and The Associated PressJuly 31, 2026
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AI
SpaceX’ surging stock paid for the $60 billion Cursor acquisition in just a few hours of trading—and it reveals Elon Musk’s new power
By Lily Mae LazarusJune 16, 2026
CEO of Tesla and SpaceX Elon Musk
Investing
SpaceX just surpassed Amazon’s market cap, overtaking the 31-year-old company on day three of public trading
By Eva RoytburgJune 16, 2026
Trump caught on hot mic saying one word to EU’s top official at the G7: ‘Greenland’
Europe
Trump caught on hot mic saying one word to EU’s top official at the G7: ‘Greenland’
By The Associated Press, Rob Gillies, Sylvie Corbet, Darlene Superville and Collin BinkleyJune 16, 2026
students
Success
College students are voting with their feet on AI. Goldman has the receipts
By Nick LichtenbergJune 16, 2026
Robinhood CEO Vladimir Tenev smiles during the ringing of the Opening Bell at the New York Stock Exchange last March.
Crypto
Robinhood announces it will reduce headcount by 10%, CEO seeks to avoid ‘heavily-layered’ organization
By Camila Grigera NaónJune 16, 2026
Chairman of the Federal Reserve Kevin Warsh arrives to his swearing-in ceremony to be the new Chairman of the Federal Reserve in the East Room of the White House on May 22, 2026 in Washington, DC.
Economy
Kevin Warsh’s first Fed test is here: He must navigate hawks ‘on the offensive’ and Wall Street’s hunger for details on regime change
By Eleanor PringleJune 16, 2026
Anthropic’s Fable fiasco leaves the door open for open-source AI, particularly cheaper models from China
Asia
Anthropic’s Fable fiasco leaves the door open for open-source AI, particularly cheaper models from China
By Nicholas GordonJune 16, 2026
Young worker dreams while working
Success
The CEO of $3 billion Michaels tells young workers to quit daydreaming and take risks because ‘the universe rewards doing things in action’
By Emma BurleighJune 16, 2026
‘It’s on us’: Luigi Mangione’s hearing delayed after DA failed to request him from jail
Law
‘It’s on us’: Luigi Mangione’s hearing delayed after DA failed to request him from jail
By Michael R. Sisak and The Associated PressJune 16, 2026
Dario Amodei, co-founder and chief executive officer of Anthropic, during the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 20, 2026.
AI
Anthropic’s IPO pitch has a new problem: The government can shut it down
By Eva RoytburgJune 16, 2026
Infant mortality in the U.S. fell to an all-time low in 2025 thanks to antibody shots and RSV vaccines
Health
Infant mortality in the U.S. fell to an all-time low in 2025 thanks to antibody shots and RSV vaccines
By Mike Stobbe and The Associated PressJune 16, 2026
Dario Amodei, co-founder and chief executive officer of Anthropic, at Bloomberg House
AI
The shutdown of Anthropic’s Mythos model sparks a global scramble for sovereign AI
By Beatrice NolanJune 16, 2026
There’s nothing as American as apple pie. McDonald’s is bringing back its fried apple pie for the first time in 30 years for the country’s 250th
Retail
There’s nothing as American as apple pie. McDonald’s is bringing back its fried apple pie for the first time in 30 years for the country’s 250th
By The Associated Press and Dee-Ann DurbinJune 16, 2026
AI won’t transform your business—until you redesign work itself 
AI
AI won’t transform your business—until you redesign work itself 
By Francesca CassidyJune 16, 2026
Cursor’s 25-year-old CEO is a former Google intern who just cemented a $60 billion deal with SpaceX
AI
Cursor’s 25-year-old CEO is a former Google intern who just cemented a $60 billion deal with SpaceX
By Marco Quiroz-GutierrezJune 16, 2026
ph
Retail
The man who saved Arby’s is betting $2.7 billion on Pizza Hut, ‘a beloved global brand with a rich heritage and a loyal customer base’
By Michelle Chapman, Dee-Ann Durbin and The Associated PressJune 16, 2026
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Retail
Target turnaround adds Isaac Mizrahi as creative director at large
By Anne D'Innocenzio and The Associated PressJune 16, 2026
Isaiah Granet smiles
Startups & Venture
Exclusive: Voice AI startup Bland raises $50 million after being rejected by 180 investors
By Lily Mae LazarusJune 16, 2026
george
Personal Finance
No country for rich men: 6 out of 10 wealthy Americans want to pull a Clooney and pack their bags
By Nick LichtenbergJune 16, 2026
BOOMER
Success
‘Work hard, stay loyal, and the system will reward you’: the Boomer credo is a Gen X betrayal and a Millennial pipe dream
By Nick LichtenbergJune 16, 2026
trump
Middle East
Iran, Trump have a common problem in their deal to end the war: Israel
By Jon Gambrell, Sam Metz, Samy Magdy and The Associated PressJune 16, 2026
Top CD rates from major banks June 16, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on June 16, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJune 16, 2026
Current price of Bitcoin for June 16, 2026
Personal Finance
Current price of Bitcoin for June 16, 2026
By Joseph HostetlerJune 16, 2026
Current price of Ethereum for June 16, 2026
Personal Finance
Current price of Ethereum for June 16, 2026
By Joseph HostetlerJune 16, 2026
Current price of oil as of June 16, 2026
Personal Finance
Current price of oil as of June 16, 2026
By Joseph HostetlerJune 16, 2026
Why accounting may look completely different by 2040
Newsletters
Why accounting may look completely different by 2040
By Sheryl EstradaJune 16, 2026
Alexandra Debrow flocked by her cofounders
AI
Exclusive: How college photo-sharing app Swsh became an AI-powered fan data business backed by Scooter Braun
By Lily Mae LazarusJune 16, 2026
china
AI
China isn’t trying to beat the U.S. at AI — it’s playing a completely different game
By Joe Ngai and Nick LeungJune 16, 2026
cj
Commentary
IBM’s $17 million DOJ settlement makes the case for civility
By Carolynn JohnsonJune 16, 2026
In a year of constant change, employee listening keeps Synchrony and AbbVie No. 1 on Fortune’s Best Workplaces lists
Workplace Culture
In a year of constant change, employee listening keeps Synchrony and AbbVie No. 1 on Fortune’s Best Workplaces lists
By Roula Amire and Great Place To WorkJune 16, 2026
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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity insteadplaceholder alt text
By Preston ForeJuly 29, 2026
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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in lineplaceholder alt text
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Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadlineplaceholder alt text
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